MetaTrader Free IndicatorsHere is a MetTarder indicator developed by me based on Exponential Moving Average (EMA). This indicator gives buy, sell and exit signals based on following rules.

 

GBPUSD-H4

 

The rules are simple.

Buy : When EMA7 > EMA14 and EMA7 > EMA21 and EMA14> EMA21

Sell: When EMA21 > EMA7 and EMA21 > EMA14 and EMA14 > EMA7

Also, shows lines on chart on gives signals.

Shows no. of pips passed in bracket after giving signal.



Works on all currency pairs and time frames.

Recommendations:

Always use stop-loss based on your risk-profile or by another indicator like Parabolic SAR.

Cut your losses small & ride the profit long.

Download

Download MQL4 File

Download Compiled File

Doda-EMA MetaTrader Indicator
5 (100%) 2 votes

You may also like:

https://www.dodacharts.com/wp-content/uploads/2010/11/metatrader-logo1.gifhttps://www.dodacharts.com/wp-content/uploads/2010/11/metatrader-logo1-82x82.gifadminForexIndicatorsamp,Average,bracket,currency,currency pairs,Doda,Download,EMA,exit signals,Exponential,exponential moving average,losses,MetaTrader,metatrader indicator,MetTarder,MQL,nbsp,Parabolic,Recommendations,ride,risk profile,SAR,signal,signal works,stop loss,time,time frames,use,WorksHere is a MetTarder indicator developed by me based on Exponential Moving Average (EMA). This indicator gives buy, sell and exit signals based on following rules.     The rules are simple. Buy : When EMA7 > EMA14 and EMA7 > EMA21 and EMA14> EMA21 Sell: When EMA21 > EMA7 and EMA21 > EMA14...Technical Analysis of Stocks & Forex